Trump Brand Tower deal on Gold Coast collapses; Tate’s governance under spotlight. Laotian-born Australian businessman and longtime Gold Coast mayor.
Altus Property Group has parted ways with the Trump Organization over a proposed US-branded tower in Surfers Paradise, with leadership citing the Iran war as a factor in the brand being too toxic for Australian partners; the Trump Organization counters that Altus failed to meet financial obligations and that negotiations have ended without a project.